Sui (SUIUSD) Price Forecast: September 18
The Sui market is anticipating more increase as the bulls continue to gain strength, signaling promising growth ahead. From the look of things, the coin may continue its bullish movement if buyers should aggressively increase their activities in the market. Additionally, the coin might climb up to $2.181 and extend to the $2.200 upper resistance level and beyond, offering a strong buying opportunity for the coin traders.
Key Levels:
Resistance Levels: $1.100, $1.111, $1.112
Support Levels: $0.800, $0.700, $0.600
Sui (USD) Long-term Trend: Bullish (Daily Chart)
The SUIUSD pair is experiencing a jolly bullish move and anticipating more increases as it faces the overhead resistance in its long-term view. The coin price is trading above the moving averages with huge volumes from the bulls. Thus, the recent market structure has favored the bulls.
The sustained bullish pressure at the $1.078 high level in the past few days has made it possible for the coin price to remain on the upside and anticipate more increase in its recent high.
Today, the market price of Sui anticipates more increase as the bulls drove the coin price to a high at $1.112 level above the moving averages as the daily chart opens, implying promising growth ahead.
Hence, there is a tendency for the coin to rise further if the support level holds, this will enable buyers to take the price up to a high of $2.200 upper high level, as the SUIUSD price anticipates more increase in its long-term perspective.
Sui (USD) Medium-term Trend: Bullish (4H Chart)
The SUIUSD pair anticipates more increase as upward pressure dominates the crypto market in the medium term. The price currently trades above the moving averages, affirming its bullish trend.
The bulls’ action to a $1.106 high value in the last session has sustained the coin price above the moving average, making it possible for the price to anticipate more increase in its recent high.
The market value of Sui at a $1.112 supply value above the moving averages, as the 4-hourly session opens today, affirms the presence of more buyers in the market while anticipating more increases.
In addition, with the daily stochastic pointing upwards, we can expect more bullish action if all the support holds in place. The price of SUIUSD might surge to the $1.140 barrier and jump to the $1.150 upper high level soon in its medium-term outlook.
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